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Transcripts For ALJAZAM News 20131013

Moved from the house to the senate. The majority leader harry reid says he is hopeful for a compromise soon, one that will break the budget impasse before default. I want to bring in al jazeeras john terret joining us from capitol hill. I hope you have a record player because i have a record i would like to sell you, albeit a broken record reporter i am going to go get one after this broadcast in the light of what you said. Thats for sure. We could lead a long playing record into the we small hours. There is a lot happening, but there is no real progress. The headline news, i think, is we just heard in the past few minutes with harry reid, the majority leader in senate had a telephone call with his republican counterpart, mitch mccog. We are told it was cordial. We know they met face to face yesterday. Today, we are told they simply agreed to keep on talking. We are also told that nancy pelosi, the minority leader in the house had a telephone call with president obama today at which th

Transcripts For ALJAZAM News 20131013

Good to have you with us. With the house of representatives taking the day off, todays attempts to end the Government Shutdown and raise the debt ceiling are focused in the senate. The two sides remain far apart. Senators have spent the day laying out their positions, both on the floor and in talks behind closed doors. There has been talks of a shortterm increase in the debt ceiling, which the country is scheduled to hit on thursday, october 17th. But a white house Statement Issued after president obama spoke by phone with House Minority leader nancy pelosi praised her efforts to pass a oneyear increase hinting that the Administration May reject any attempt to fix the problem for only a few weeks or months. John terrett following the process from capitol hill. There seems to be a lot of talking but very little action. What actually went on this weekend . Any progress . Reporter there has been some progress, but its pretty miniscule. Its kind of tough to find. We know, for example, harr

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